world growth

world growth

Sunday, November 29, 2009

China 2010 GDP growth could be around 8 percent

Looks like China will be able to maintain a steady growth rate in next few years.

- China's economy could grow at around 8 percent in 2010, after healthy growth this year, Trade Minister Chen Deming said on Friday.

"There is a possibility that it will be maintained at around 8 percent," he said referring to next year's GDP growth.

He said 2009 growth was good and would provide a sound basis for next year as long as there were no upsets in the world economy.

Earlier this month, China's key government think tank, the State Information Centre, estimated the economy's growth next year at 8.5 percent.

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